For many Ugandan households, the cost of living has become one of the country’s greatest economic puzzles. A good harvest is expected to lower food prices. Falling global oil prices …
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Banking & SavingsFinanceLatest NewsNews
How Bank of Uganda’s 10% Lending Rate Cut Will Affect Inflation, Currency & Growth
The Bank of Uganda, on Wednesday last week announced that its Monetary Policy Committee (MPC) reduced the Central Bank Rate (CBR) by 25 basis points to 10%. This is the …